WallStSmart

Grindr Inc (GRND)vsShopify Inc (SHOP)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Shopify Inc generates 2711% more annual revenue ($12.37B vs $439.90M). GRND leads profitability with a 21.5% profit margin vs 10.8%. GRND trades at a lower P/E of 31.4x. GRND earns a higher WallStSmart Score of 52/100 (C-).

GRND

Buy

52

out of 100

Grade: C-

Growth: 9.3Profit: 7.5Value: 6.3Quality: 5.5
Piotroski: 5/9Altman Z: 1.42

SHOP

Buy

50

out of 100

Grade: C-

Growth: 7.3Profit: 7.0Value: 4.7Quality: 8.5
Piotroski: 3/9Altman Z: 4.73
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

GRNDUndervalued (+40.2%)

Margin of Safety

+40.2%

Fair Value

$17.31

Current Price

$15.09

$2.22 discount

UndervaluedFair: $17.31Overvalued
SHOPUndervalued (+26.1%)

Margin of Safety

+26.1%

Fair Value

$158.22

Current Price

$110.41

$47.81 discount

UndervaluedFair: $158.22Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

GRND5 strengths · Avg: 8.8/10
EPS GrowthGrowth
77.8%10/10

Earnings expanding 77.8% YoY

Profit MarginProfitability
21.5%9/10

Keeps 22 of every $100 in revenue as profit

Debt/EquityHealth
0.219/10

Conservative balance sheet, low leverage

Operating MarginProfitability
29.5%8/10

Strong operational efficiency at 29.5%

Revenue GrowthGrowth
29.0%8/10

Revenue surging 29.0% year-over-year

SHOP4 strengths · Avg: 9.8/10
Revenue GrowthGrowth
34.3%10/10

Revenue surging 34.3% year-over-year

Debt/EquityHealth
0.0910/10

Conservative balance sheet, low leverage

Altman Z-ScoreHealth
4.7310/10

Safe zone — low bankruptcy risk

Market CapQuality
$136.82B9/10

Large-cap with strong market position

Areas to Watch

GRND4 concerns · Avg: 2.5/10
P/E RatioValuation
31.4x4/10

Premium valuation, high expectations priced in

Price/BookValuation
60.4x2/10

Trading at 60.4x book value

Return on EquityProfitability
-171.5%2/10

ROE of -171.5% — below average capital efficiency

Altman Z-ScoreHealth
1.422/10

Distress zone — elevated risk

SHOP4 concerns · Avg: 3.3/10
PEG RatioValuation
2.414/10

Expensive relative to growth rate

Price/BookValuation
10.7x4/10

Trading at 10.7x book value

Piotroski F-ScoreQuality
3/93/10

Weak financial health signals

P/E RatioValuation
103.4x2/10

Premium valuation, high expectations priced in

Comparative Analysis Report

WallStSmart Research

Bull Case : GRND

The strongest argument for GRND centers on EPS Growth, Profit Margin, Debt/Equity. Profitability is solid with margins at 21.5% and operating margin at 29.5%. Revenue growth of 29.0% demonstrates continued momentum.

Bull Case : SHOP

The strongest argument for SHOP centers on Revenue Growth, Debt/Equity, Altman Z-Score. Revenue growth of 34.3% demonstrates continued momentum.

Bear Case : GRND

The primary concerns for GRND are P/E Ratio, Price/Book, Return on Equity.

Bear Case : SHOP

The primary concerns for SHOP are PEG Ratio, Price/Book, Piotroski F-Score. A P/E of 103.4x leaves little room for execution misses.

Key Dynamics to Monitor

SHOP carries more volatility with a beta of 2.64 — expect wider price swings.

SHOP is growing revenue faster at 34.3% — sustainability is the question.

SHOP generates stronger free cash flow (469M), providing more financial flexibility.

Monitor SOFTWARE - APPLICATION industry trends, competitive dynamics, and regulatory changes.

Bottom Line

GRND scores higher overall (52/100 vs 50/100), backed by strong 21.5% margins and 29.0% revenue growth. SHOP offers better value entry with a 26.1% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Grindr Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Grindr Inc. is a prominent social networking and dating platform tailored specifically for the LGBTQ+ community, founded in 2009. Utilizing location-based technology, Grindr has cultivated a substantial and active user base, solidifying its status as a key player in the social media sector. The company’s focus on cutting-edge features, community engagement, and advanced data analytics not only drives user retention but also unlocks significant advertising revenue opportunities. With ongoing strategic initiatives aimed at broadening its service offerings and enhancing user experiences, Grindr is strategically positioned to benefit from the increasing demand for inclusive social networking platforms, rendering it a compelling investment prospect for institutional investors.

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Shopify Inc

TECHNOLOGY · SOFTWARE - APPLICATION · USA

Shopify Inc., a commerce company, offers a commerce and service platform in Canada, the United States, the United Kingdom, Australia, Latin America, and internationally. The company is headquartered in Ottawa, Canada.

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